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This Miner-Related Index Shows That the Next Bitcoin Bull Run is Coming

Bitcoin’s price action as of late has done little to offer investors with insights into its near-term outlook. Its price has mainly been oscillating between highs of $11,000 and lows of $10,000, with each attempt to break out of this tight trading range resulting in the cryptocurrency seeing massive inflows of selling pressure that force […] дальше »

2020-9-25 05:00


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This Pattern Suggests Bitcoin May Soon Reel Lower and Tap Fresh Lows

Bitcoin is currently caught within an incredibly tight bout of sideways trading, with its price mainly hovering around $10,500 for the past couple of days Overnight, bears did attempt to spark a sharp downside move when they pushed the crypto as low as $10,400 This dip was fleeting, as bulls quickly propelled it back up to its current price level BTC’s inability to form a decisive trend comes as it trades between two crucial levels […] дальше »

2020-9-24 21:00


Ethereum is at a Pivotal Point; Here are the Key Levels to Watch

Ethereum’s price has remained stagnant as the cryptocurrency trades at the lower end of its key resistance region between $380 and $400 The cryptocurrency has been unable to garner any sustainable buying pressure as it trades around this price region It does appear that ETH is waiting for guidance from Bitcoin before it makes a big move, and BTC is currently caught within a consolidation phase as it struggles to surmount the lower-$11,000 region One […] дальше »

2020-9-20 22:00


Bitcoin Faces “Aggressive Selling” as Bulls Try to Shatter $11,200 Resistance

Bitcoin’s price has rallied throughout the past few days, with buyers’ ardent defense of the lower-$10,000 region catalyzing some serious momentum This momentum led the cryptocurrency as high as $11,200 earlier this morning before it faced a swift rejection The price region between $11,000 and $11,300 has long been a strong area of resistance for the cryptocurrency Some analysts and investors are noting that the aggressive selling pressure here could make it difficult for BTC […] дальше »

2020-9-20 19:00


Analysts Expect Bitcoin to Dip to Key “Liquidity Clusters” Before Rallying

Bitcoin has been facing some mixed price action as of late, with buyers and sellers both engaged in a heated battle for control of its near-term outlook Despite attempting to break below its last-ditch support between $9,900 and $10,000, BTC is now pushing back towards its key $11,000 resistance region Where the cryptocurrency trends next may depend largely on its reaction to this level One trader believes that Bitcoin may first take out a “liquidity […] дальше »

2020-9-18 02:00


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Here’s How High Bitcoin Could Run Before Facing Immense Selling Pressure

Bitcoin has seen some incredibly strong price action throughout the past few days After establishing the region between $9,900 and $10,000 as a baseline support level, bulls have now stepped up and propelled it back up towards $11,000 This current strength has struck a blow to bears, although BTC hasn’t reached the clear just yet One analyst is noting that the region between $11,100 and $11,200 is where he is expecting Bitcoin to face some […] дальше »

2020-9-16 02:00


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Ethereum is Nearing Crucial Resistance; Rejection Here Could Spark Move to $300

Ethereum’s price is currently struggling to surmount some heavy resistance, which has caused it to lag behind Bitcoin today This resistance, which exists at $380, has hampered its price action on multiple occasions throughout the past few weeks Despite this, because BTC is now nearing $11,000, a break above this crucial level will likely catalyze some intense buying pressure that also creates a tailwind for ETH One analyst noted that this region of resistance between […] дальше »

2020-9-16 23:00


Bitcoin is Gearing Up for a Major Push Lower as Analysts Eye $9,600

Bitcoin’s inability to break above $10,500 speaks to some underlying weakness amongst the cryptocurrency’s bulls It also shows that the bears still have the edge over the benchmark crypto’s price action, which could mean that a break below its key support between $9,900 and $10,000 is imminent BTC is currently caught within a consolidation phase, being unable to find any strong momentum following the recent rejection Analysts are growing bearish on its near-term outlook, with […] дальше »

2020-9-12 02:00


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Bitcoin May Post Its 2nd Highest Two-Month Close in History as Bulls Take Control

Bitcoin has been able to avoid seeing any type of intense bearishness today, as the cryptocurrency is now trading near $11,800 Although it has yet to test its key $12,000 resistance, it does appear that buyers are laying the groundwork for a visit to this level One trader is observing that some technical factors are now working heavily in Bitcoin’s favor, including degrading resistance between its current price and $13,000 This comes as Bitcoin rapidly […] дальше »

2020-8-31 21:00


Here are the Simple Factors That Could Pull Bitcoin Towards Its 2020 Highs

Bitcoin is showing tempered signs of strength at the present moment as its price pushes up towards $11,800 The cryptocurrency has been seeing slight weakness in recent days, making this latest upswing a welcome development for bulls BTC has yet to break its prolonged consolidation phase between the lower-$11,000 region and $12,000 Some factors suggest a break of this range is imminent in the near-term One analyst is pointing to stock market strength and weakness […] дальше »

2020-8-25 02:00


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Institutional Traders are Shorting Bitcoin Now More Than Ever Before

Institutional traders are growing incredibly bearish on Bitcoin, widely betting that its price is poised to see a strong near-term pullback This sentiment is a far depart from that seen by retail traders, which are more bullish than ever on the cryptocurrency This data comes from the latest Commitment of Traders Report, which details an interesting trend in the dynamic between retail investors and so-called “smart money” From a technical and fundamental standpoint, there are […] дальше »

2020-8-23 19:00


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Ethereum Fees Crashes 80% Much Like Transaction Count as ETH Price Retreats

The most popular USD pegged stablecoin Tether that is the second biggest gas guzzler on the Ethereum network recently adopted OMG Network for the settlement. This integration between Tether and Layer 2 solution for Ethereum – OMG Network is expected to result in a reduction of fees and confirmation times, which has become extremely important […] дальше »

2020-8-22 20:03


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Bitcoin Could See a “Glorious” Bounce Once it Taps This Crucial Level

Bitcoin saw some immense turbulence overnight that caused its price to slide as low as $11,500 This dip was quickly absorbed by buyers, who have since allowed it to reclaim its support at $11,600 The cryptocurrency is now once again consolidating as it hovers within its previous trading range between $11,600 and $12,000 This stability has allowed altcoins to recoup some of their recent losses Analysts are now noting that BTC could be well-positioned to […] дальше »

2020-8-22 19:00


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Analyst: Bitcoin Likely to Tap $10,000 Unless Bulls Spark Strong Movement

Bitcoin has been oscillating between the lower and mid-$11,000 region throughout the past few days This rocky price action comes close on the heels of the harsh rejection at $12,000 that it posted this past weekend The cryptocurrency will likely continue struggling to garner any momentum as long as hovers below the upper-$11,000 region, which is where it faces some resistance Analysts do believe that some near-term downside could be imminent in the days and […] дальше »

2020-8-13 21:00